Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

Hargreaves 'milking' children; harming the climate with your pension; and pension taper tantrums - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Hargreaves Lansdown milks child savers Hargreaves Lansdown is pocketing "sky-high" fees from child savers, according to this Sunday Times report, which focuses on how the investment giant charges all savers who invest in funds by way of an ISA a fee of 0.45%. The piece acknowledges this drops to 0.25% on savings of £250,000 to £1m and 0.1% on savings above that level but argues that young savers would hardly ever benefit from the lower fees because the maximum they can put away in one year is £4,368. Assuming the limit stays the same and investments grow at 6% a year, the most a young ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Feel Good Friday: Nine Edge Wealth sponsors young Scottish boxer

Sponsors Lara Brown

Professional Adviser
clock 17 July 2026 • 1 min read
Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Aimed at women at different stages of life and careers

Professional Adviser
clock 16 July 2026 • 3 min read
Women in Financial Advice Awards 2026: Shortlists revealed!

Women in Financial Advice Awards 2026: Shortlists revealed!

All the winners will be announced at a celebratory gala dinner on 4 November

Professional Adviser
clock 15 July 2026 • 10 min read